Summit, NJ Market Update - May 2025
Whether or not you’re thinking about selling your home, it's important to have a good understanding of what’s going on in your local market.
Knowing the most important highlight data such as the average sales price, number of homes sold, and days on market will better inform you.
Our market report showcases everything you need to know about local real estate trends in Summit, NJ.
37
New Listings
68
Active Listings
32
Under Contract
20
Closed Sales
$1.4m
Average Sales Price
18
Average Days on Market
$1.4m
Median Sales Price
2.1
Months of Supply